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Aquiline assess strategic options for ERS

Official statement from ERS:

"Today, we’re announcing that our majority shareholder, Aquiline has engaged Macquarie Captial and Evercore to help it assess strategic options for ERS. This assessment could lead to a number of potential outcomes, including the sale of ERS and a change in ownership…"

ERS is the UK’s largest specialist motor only insurer underwritten by Lloyd’s and rated A+. For over 70 years, we have worked directly with brokers to provide bespoke cover for their customers’ specialist requirements.

For these customers’ their vehicle is often at the centre of their livelihood or passion, giving rise to different or specific needs that cannot be met with one-size-fits-all insurance. At ERS we recognise and embrace this difference; it is why we employ teams of underwriters who are experts in their field to understand each risk individually to provide the ideal cover and it is also why brokers have told us that they trust us more than any other insurer with a specialist motor risk.

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